We do not recommend trading with this broker due to unprofessional behavior. Please try HighLow!
SCoptions is a binary broker that promises 100% safe trading while offering the best customer support at the same time. They go so far to say that their customer support is personalized for every trader and customized in every way. SCoptions review will take some time to find out more about this broker that gives traders high expectations.
Find out more about this broker in SCoptions review below.
We make it our mission to not recommend anything but the best – which, according to industry experts, is IQ Option, the top regulated broker for your country with a minimum deposit of ONLY $10!
SCoptions is a broker that takes great pride in personalized approach towards binary options trading. That is probably the reason why they created 7 accounts that traders can take into consideration when registering with them. All accounts are customized so they suit different levels of knowledge and different trading budgets.
As it can be seen in part of SCoptions review above, all accounts carry bonuses. According to terms and conditions, traders are never obliged to accept the bonus and can refuse the bonus. FBO recommend that in this case, traders should never accept the bonus offered by SCoptions, as terms and conditions never clearly state the required turnover amount.
SCoptions also never mentions a demo account that traders could use for learning and test their strategies.
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SCoptions review, as all other reviews, is based on our experience with this broker. Unfortunately, it was impossible to create an account with SCoptions. All effort put into signing up with this broker has resulted with failure as the broker never sent an activation link for the trading account.
This means that it was impossible to write SCoptions software review with sufficient and correct data. They are promising 10 trading methods on their website, but it was impossible to confirm that information.
The mobile app was never mentioned on the website, and the overall impression is that SCoptions acts unprofessionally upon too many aspects of binary options trading. This leaves traders unprotected and often in doubt on what to do. Brokers should always present their product even before they ask for a registration, so traders know what is going on.
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Interesting that was noticed in SCoptions review is that this broker seems to offer three languages on his website: English, German, and French, but only French language is active and functioning properly. Thi is very unfriendly towards users who desire to find out all information in their own language, or at least in English. English is the most spoken language among traders, and adding it would be like hitting bull’s eye. SCoptions review
SCoptions broker review showed that this broker lacks proper educational and FAQ section. The only educational resources available to traders who don’t make at least €500 deposit is glossary on the website, but it doesn’t provide enough information regarding payments, deposit and withdrawal limits etc.
The traders can count on customer support via phone and email, or by filling a form on the website. All these methods can be considered somewhat old-fashioned as the broker doesn’t support live chat or skype customer service in any way. These traditional methods are a bit slower and in many cases less effective.
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Banking is very important aspect of trading as it involves financial transactions on international level. SCoptions broker review showed how this broker supports credit cards like Visa, Visa Electron, Diners Club, and MasterCard. Also, SCoptions claims they support e-wallets like Skrill, WebMoney, CashU, Qiwi and many other. Traders can use bank wire as well.
Minimum deposit with this broker is €500, which can be considered very high among binary options brokers. On the other hand, minimum withdrawal is never stated, not even in terms and conditions, and this can be seen as a warning sign.
After the request for the withdrawal has been made, the traders will have to wait for 1-2 days for all paperwork to be processed. SCoptions review noted how this broker limits maximum withdrawal for every month. The maximum withdrawal per month is €100,000. In case traders want to withdraw larger sum, they have to divide it into smaller sums and withdraw money each month.
SCoptions is not a regulated broker. It is in the ownership of SCO Ltd.
We make it our mission to not recommend anything but the best – which, according to industry experts, is IQ Option, the top regulated broker for your country with a minimum deposit of ONLY $10!
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